The Benefit of Divesting
Mineral and royalty interests are interests in real property and are considered capital assets for federal tax purposes. If owned for more than one year, a capital asset will receive long-term capital gains treatment, resulting in significant federal tax savings when the interest is sold. The inherited real property receives automatic long-term capital gains treatment, regardless of when it was inherited or how long it was owned. Capital gains tax rates are at historically low levels. Now is the time to take advantage before capital gains tax rates go up once again. Additional tax advantages exist in regards to 1031 exchanges. Consult with your tax advisor to explore all the advantages of divesting your mineral or royalty interest.
WORK WITH US
With Wing Resources, our long-term vision allows for the maximum value proposition to the royalty owner. Therefore, Wing can facilitate a one-time lump sum payment to you that would take many years of production to replicate.
Have a Question?
Our management team has decades of experience in buying mineral rights and royalties. Feel free to contact us with any of your questions and one of our team members will reach out to you shortly.
WING RESOURCES, LLC
2100 McKinney Ave, Suite 1540
Dallas, Texas 75201